# Ballentine Partners

> Ballentine Partners is an SEC-registered investment advisory firm in Waltham, MA, registered since 2010, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 23, 2026.

- CRD: 152802
- Filed as: BALLENTINE PARTNERS
- Legal name: Ballentine Partners, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Waltham, MA
- Filing period: October 2026
- Form ADV filing dated: September 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/152802
- AdvisorCensus page: https://advisorcensus.com/firm/ballentine-partners-waltham-ma-152802

## Quick answers

**How is Ballentine Partners compensated?**
On its Form ADV (Item 5.E, October 2026), Ballentine Partners reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.

**How much does Ballentine Partners charge?**
Its Form ADV Part 2A brochure dated March 24, 2026 states: Asset-based fee: 0.25% to 0.95% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Ballentine Partners located?**
Ballentine Partners' principal office is in Waltham, MA, according to its Form ADV; the October 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is Ballentine Partners registered with the SEC or a state?**
Ballentine Partners is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 152802.

**How much does Ballentine Partners manage?**
Ballentine Partners reports $15,316,738,538 in regulatory assets under management in its Form ADV filing dated September 23, 2026 (73% discretionary).

**How have Ballentine Partners' assets and staff changed since 2021?**
In the Form ADV data for Ballentine Partners: Regulatory assets under management: $8,673,380,006 in the October 2021 data and $15,316,738,538 in the October 2026 data, up 77%. Total employees: 85 in October 2021 and 125 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ballentine Partners serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (342); pooled investment vehicles (other than investment companies and business development companies) (8); charitable organizations (3).

**Which custodians does Ballentine Partners use?**
Ballentine Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Ballentine Partners report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/152802

**What changed in Ballentine Partners' recent Form ADV filings?**
In the August 2026 filing data: Registered or notice-filed in HI, MD, SC. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 24, 2026)

- Asset-based fee: 0.25% to 0.95% a year (a range, as the brochure states it)

> Our standard tiered fee schedule based on assets under management for services provided to High Net Worth clients ranges from 0.95% to 0.25% of the value of your portfolio, per annum, with a minimum annual fee of $40,000.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $15,316,738,538
- Discretionary: $11,230,777,974
- Non-discretionary: $4,085,960,564

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 342 | $14,845,286,620 |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $431,335,000 |
| Charitable organizations | 3 | $40,116,918 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2010 (16 years)
- Employees: 125 total, 87 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, DC, FL, GA, HI, ID, IL, IN, KY, LA, MA, MD, ME, MN, MT, NC, NH, NJ, NV, NY, OH, OK, PA, RI, SC, TX, UT, VA, VT, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Boston, MA
- Palm Beach Gardens, FL
- Rochester, NH
- Wolfeboro, NH

### Websites listed on Form ADV (Item 1.I)
- ballentinepartners.com
- healthywealthywisecollection.com
- vimeo.com/user9110426
- LinkedIn @ballentinepartners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $8,673,380,006 | 85 | August 3, 2021 |
| October 2022 | $10,519,787,346 | 79 | September 21, 2022 |
| October 2023 | $9,287,163,956 | 89 | September 21, 2023 |
| October 2024 | $10,768,609,767 | 90 | September 27, 2024 |
| October 2025 | $12,005,636,010 | 88 | June 18, 2025 |
| October 2026 | $15,316,738,538 | 125 | September 23, 2026 |

Regulatory assets under management: $8,673,380,006 in the October 2021 data and $15,316,738,538 in the October 2026 data, up 77%.
Total employees: 85 in October 2021 and 125 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Registered or notice-filed in HI, MD, SC.
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 88 to 87.
- Regulatory assets under management went from $12,005,636,010 to $15,316,738,538 (+28%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ballentine Partners (CRD 152802): Form ADV filing data as of October 2026.